The US president said meeting Enrique Pena Nieto would be "fruitless" if Mexico didn't treat the US "with respect" and pay for a new border wall.
According to reports, the diplomatic spat comes a day after Trump unveiled his plan to build a barrier along the Mexico-US border.
Senate Republicans said the US Congress would move ahead with the plan, saying it would cost $12 to $15billion.
Trump told Republican lawmakers in Philadelphia that the two leaders had mutually agreed to cancel the summit, adding, "the American people will not pay for the wall."
Meanwhile,White
House spokesman Sean Spicer told reporters that they are looking "for a
date to reschedule", adding they will "continue to keep the lines of
communication open"
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